| 05.05.2009 - Russia oil wealth funds fall to $193 bln-FinMin |
| From Guardian.co.uk: Russia's oil wealth funds lost $13 billion in value over the last month, falling to around $193 billion, as Russia taps into the cash pot to cover its budget deficit, the finance ministry said on Monday. The Reserve Fund, designated for plugging holes in the federal budget, is currently worth 3.6 billion roubles or $106.81 billion, down from 4.1 trillion roubles on April 1.......Full Article: Source |